Awaiting to see if market will complete Wave 5 in the Elliott Wave Pattern.
Waiting to see if DXY will reject from the resistance level in the Elliott Wave Pattern. Previous analysis went extremely well. Looking forward to the continuation of the bearish sentiment of the dollar
After completing Waves 1,2,and 3 we now see market forming Wave 4 in the corrective pattern. Once corrective pattern E is confirmed we may see a strong bullish sentiment to target 2110 or higher. This will then complete Wave 5 in the Elliott Wave analysis.
After completing a nice cup pattern we now see market rejecting multiple times from support level indicating possible the handle being formed.
Looking for market to complete Head and Shoulder pattern as DXY may recover a bit following bearish sentiment last week.
Looking for market to continue to the upside to key target 145.200 which is the monthly resistance level. For long trade looking for market to continue bullish momentum to 194.500 after confirming Wave E in corrective pattern on the monthly timeframe
Waiting for market to reject from resistance level to confirm Wave D. Once Wave D is confirm then Wave E is also confirmed with a Fibonacci Retracement from Wave D then we may see a bullish market to target 1.22000. Therefore we may have a short sell from Wave D to Wave E then a buy from Wave E to target 1.22000 or higher to complete the 5th Wave in the Wave...
We see market forming an Impulse on the monthly timeframe from December 2014 to November 2016. Market now completing Correction from November 2016 to August 2020. It failed to break monthly rejection level closing at Fibonacci Retracement confirming Wave E in the ABCDE corrective pattern. We may see bearish market to target 51.000.
We see market completing waves 1, 2, 3. Two possible things may occur for this coming week: 1. Market may very produce a corrective pattern (ABC, ABCDE) and push to the upside OR 2. Market may very well be finished with Wave 4 and is now looking to complete Wave 5 by pushing to the upside. Overall the next target is...
Looking for market to continue bullish momentum after a clear break and retest of structure. Key target is 1.22000.
Awaiting for market to retest structure on the 4H timeframe for confirmation of continuation of bearish market. Key target is 1.29800.
Looking for market to continue bearish momentum after a clean break and retest of structure. We may see a sell off to key level 102.300.
Looking for market to continue into a bullish momentum to key target level to complete corrective wave.
We see market on the monthly timeframe forming the perfect Elliott Wave in a bear market. Looking for market to push to the downside and complete the pattern as Wave E has been confirmed.
Looking for market to be on a strong bullish sentiment after completing a complete reversal by forming a double bottom followed by a break and retest of structure on the weekly timeframe. Currently market is in an uptrend and may possible pullback to retest broken resistance structure.Slight rejection level is approximately 125.200 region however, major rejection...
We may see a strong push to the downside as market has complete retracing and is now rejecting from key monthly rejection level.
Looking for a possible push to the downside after a strong bullish trap is completed. Market has been ranging between 134.100 and 135.100.
Looking for market to push to the downside to complete Head and Shoulders pattern.